A Flap Over Formula Is Coming To A Boil
The Federal Trade Commission is moving ahead in its investigation of the infant-formula industry. It has subpoenaed the records of formula manufacturers to determine whether they conspired to fix prices in their sale of formula to a federal food program for low-income women and children. State welfare agencies that administer the program have charged that the bids have been suspiciously similar.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.